A partnership agreement, when implemented correctly, will allow for the clarification of all the rules and regulations pertaining to the management of your business. This internal document is to be agreed upon by all managing partners, reviewed by your attorney and incorporated into your company’s organization to delineate the relationship between partners and the partnership. Although the Missouri Secretary of State has not made this document a legal requirement for partnerships in this state, we have still provided a┬átemplate, available in Adobe PDF and MS Word formatting, to use at your convenience. We highly recommend that you consider the drafting of such an agreement as it will serve as the only legal proof pertaining to the internal affairs of your partnership.